Shakti Pumps (India) Limited — Updates, 07-07-2025: Press Release

Shakti Pumps has announced a board meeting to discuss the financial results for the quarter and half-year. The company successfully closed a QIP, raising Rs 292.60 Cr from institutional investors. Funds will be used to set up a greenfield solar DCR cell and PV modules plant (2.20 GW capacity) via its subsidiary, enhancing backward integration and control over the solar value chain. This strategic move strengthens Shakti Pumps’ foothold in the renewable energy space and supports its growth ambitions in solar pumping solutions.